Fidelity World - Silver

FUND RESEARCH UPDATE: New Fund rating of Silver

Jeremy Beckwith 15 July, 2015 | 7:27AM
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Following a recent Morningstar Analyst Ratings Meeting, we have awarded the Fidelity World fund a Morningstar Analyst Rating™ of Silver. Fund manager Jeremy Podger took over this fund in June 2014, however, he has been running its UK-listed counterpart, Fidelity Global Special Situations, since March 2012. Podger has a strong track record as a global equity manager that spans nearly two decades, and we think such longevity in running global mandates is advantageous in his management of this fund. On taking over, Podger implemented an investment process of his own design and has applied this consistently. His process has some slight differences to that which he used previously, but we think it offers more balance in the portfolio and should enable the fund to perform in a variety of market conditions.

See the latest Morningstar fund rating news here.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Fidelity World A-Dis-EUR41.99 EUR0.72Rating

About Author

Jeremy Beckwith  is Director of Manager Research for Morningstar UK

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